logo
episode-header-image
Jul 2023
18m 38s

Is the Fed’s Battle Against Inflation Ov...

The Wall Street Journal
About this episode

P.M. Edition for July 24. The Federal Reserve is likely to raise rates this week. But the path after that is less certain. Chief economics correspondent Nick Timiraos explains why some officials aren’t ready to declare victory on Inflation. Plus, some of the workers cleaning up ChatGPT and other artificial intelligence chatbots say their work has taken a heavy toll. Reporter Karen Hao has their story. And, Israel’s Parliament passes part of Prime Minister Benjamin Netanyahu’s controversial judicial overhaul sparking mass protests. Annmarie Fertoli hosts. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Yesterday
What Linda Yaccarino’s Departure Means for X
P.M. Edition for July 9. After about two years at the helm of Elon Musk’s social-media platform, Linda Yaccarino has stepped down as the CEO of X. WSJ advertising editor Suzanne Vranica discusses what that means for X, which recently merged with Musk’s artificial intelligence com ... Show More
13m 6s
Yesterday
Trump Calls Out Putin Over Ukraine
A.M. Edition for July 9. As Russia intensifies its assault on Ukraine, President Trump is losing his patience with Vladimir Putin. Journal correspondent Matthew Luxmoore says the president is now considering sending an additional patriot missile system to Kyiv. Plus, the Trump ad ... Show More
15m 11s
Jul 8
Copper Prices Hit Record High as Trump Unveils 50% Tariffs
P.M. Edition for July 8. During a cabinet meeting today, President Trump announced a 50% tariff on copper and threatened the European Union with steep tariffs if it doesn't reach a trade deal with the U.S. WSJ reporter Kim Mackrael says the EU’s member states are split as to how ... Show More
13m 23s
Recommended Episodes
Mar 2024
Why inflation is sticking around
The west is focusing on new technology in nuclear energy to reduce reliance on Russia and carbon, and profits at Chinese ecommerce group PDD Holdings soared 146% in three months to December. Plus, price rises in services in the US are making the Federal Reserve’s decision-making ... Show More
12m 26s
Jun 2023
Fed skips an interest rate increase
The US Federal Reserve paused its interest rate rise campaign on Wednesday after 10 straight increases, and former UK prime minister Boris Johnson has been found to have committed “multiple” contempts of parliament. Plus, Russian energy giant Gazprom has been backing militias in ... Show More
10m 36s
Jan 2022
The Fed’s Big Shrink
Read a transcript of this episode on FT.comhttps://www.ft.com/content/afd4c412-780b-407a-8b5a-10175cf319fc A US judge says that the Federal Trade Commission can go ahead with a revised case seeking to break up Facebook, and the latest US inflation report is expected to show price ... Show More
9m 22s
Dec 2022
Fed hints at less aggressive rate increase
Federal Reserve chair Jay Powell signalled the central bank will start to slow the pace of interest rate increases, French president Emanuel Emmanuel Macron is meeting with US president Joe Biden today, and Eurozone inflation finally slowed down. Plus, we get the latest on the fa ... Show More
9m 15s
Jun 2023
Inflation Is Way Down. Is It by Design or Just Luck?
Rapid inflation has been a problem in the United States for more than two years, but the tide appears to be turning. Annual inflation is now less than half of what it was last summer.Jeanna Smialek, who covers the Federal Reserve and the U.S. economy for The Times, discusses whet ... Show More
23m 54s
Mar 2022
The Federal Reserve finally raises rates
The Federal Reserve has lifted its benchmark interest rate by a quarter of a percentage point, Europe’s largest energy traders have called on central banks for help to avert a cash crunch, and the FT’s Tom Mitchell discusses the rising cost of Beijing’s loyalty to Moscow.  Subscr ... Show More
10m 3s
Sep 2021
Two Federal Reserve officials step down amid ethics questions
Read a transcript of this episode on FT.comhttps://www.ft.com/content/1505ec37-b798-4016-8f80-d959bd6eac9c Two senior Federal Reserve officials whose trading activity prompted the US central bank to launch an ethics review on Monday announced they will resign, and today Fed chair ... Show More
10m 8s
Aug 2022
Missteps at Missfresh
Federal Reserve officials discussed the need to keep interest rates at levels that restrict the economy “for some time” in a bid to contain inflation, Short-term UK borrowing costs surged to the highest level since 2008, and Tencent posts its first quarterly revenue fall. Plus, t ... Show More
9m 19s
Apr 2024
Trump Allies Draft Plans to Rein in the Fed
Donald Trump's allies have drafted plans to curb the Federal Reserve’s independence, should Trump win a second term. WSJ’s Andrew Restuccia unpacks the proposals, which include giving the president a say in interest-rate decisions. Further Reading: -Trump Allies Draw Up Plans to ... Show More
18m 29s
Jun 2024
Is the Fed Thinking About Inflation All Wrong?
For over a decade, America’s central bank has had an inflation target of 2%. On Wednesday, the Federal Reserve announced that it would keep its main interest rate unchanged in order to try and get inflation to that magic number. But what if the Fed is thinking about inflation all ... Show More
17m 3s